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USANews版 - Futures Contract
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话题: futures话题: contract话题: why话题: goods话题: did
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c**i
发帖数: 6973
1
Michael M. Phillips, Finance Overhaul Casts Long Shadow on the Plains. Wall
Street Journal, July 13, 2010.
http://online.wsj.com/article/SB10001424052748704258604575361182317501188.html
My comment:
(a) The report gave a detailed account why farmers and ranchers are
enthusiastic about futures. Still it did not explain why the farmer did not
deliver the goods at the time specified, why he had to put in extra cash if
prices rise; or why no goods are delivered eventually.
(b) Today I found a terrifi
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